Market Long Risk Averse

These managed funds seek to capture the returns from stocks and bonds while riding out the down periods by moving into defensive positions.  An element of market timing is thus involved.  These funds can be held for a number of years without reference to market conditions.  They should hold their own during the draw downs and perform strongly during stock and bond gains.

Castlestone Hedged Equity Index Plus.  Invests by switching between stock indices and long/short hedge funds, thus getting the upside from stocks in stock bull periods and the protection of hedge funds in stock bear periods. Compound annual return since Jan 2001 11.35%. Available in US$/Euros/Yen. Minimum investment US$/Euros 10,000/¥1m.